1. [News](/news/)
2. [Product Update](/news/category/product-update/)
3. [Reducing the risk of missing a red flag](/news/red-flag-summary/)

[Product Update](/news/category/product-update/)

# Reducing the risk of missing a red flag

Published October 31, 2024

![Red flags for know your business](/_next/image/?url=https%3A%2F%2Fa.storyblok.com%2Ff%2F171201%2F1200x627%2Fed75d3e8b2%2Fblog_-kyb-red-flag-summary_1200x627.png&w=3840&q=75)

When it comes to corporate clients, client due diligence can be complex. Often you’ll use multiple data sources and a healthy dose of human judgement. But that does leave you open to the possibility of missing something.

That’s why we’re introducing a new red flag summary to all checks initiated using our ‘[Know your business](/product/know-your-business)’ tool. The summary will highlight key risk factors that might otherwise be missed. The red flags will highlight customer and geographic risk factors. This includes:

1. Companies that are no longer active.
2. Operations in [High Risk Third Countries](https://www.fatf-gafi.org/en/topics/high-risk-and-other-monitored-jurisdictions.html) or a high risk sector.
3. Corporate entities that appear on a [sanctions list or where adverse media](/product/peps-and-sanctions) is found.
4. Companies that have only recently been incorporated.
5. Companies without an online presence.
6. Officers who are disqualified directors, have a history of bankruptcy or instances where no officers have been identified.

Build a complete picture with Beneficial Owner discovery, sanctions screening, red flags highlighted and verification of individuals in a few clicks. All with our Know your business reports. 

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